Company Registration No. 08365303 (England and Wales)
RHD QA LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2016
RHD QA LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
RHD QA LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 APRIL 2016
30 April 2016
- 1 -
2016
2015
Notes
£
£
£
£
Fixed assets
Intangible assets
2
901,399
1,030,170
Current assets
Debtors
182,156
131,284
Cash at bank and in hand
1,064
1,030
183,220
132,314
Creditors: amounts falling due within one year
(1,007,878)
(1,090,081)
Net current liabilities
(824,658)
(957,767)
Total assets less current liabilities
76,741
72,403
76,741
72,403
Capital and reserves
Called up share capital
3
10
10
Profit and loss account
76,731
72,393
Shareholders' funds
76,741
72,403
For the financial year ended 30 April 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 26 January 2017
Mr R H Davies
Director
Company Registration No. 08365303
RHD QA LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable by the company in respect of its participation as a partner in Quantum Actuarial LLP.
represents amounts receivable
by the company in respect of its participation as a partner in Quantum Actuarial LLP.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of ten years .
instalments
over its estimated useful economic life
of ten years
.
1.5
Deferred taxation
Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
2
Fixed assets
Intangible assets
£
Cost
At 1 May 2015 & at 30 April 2016
1,287,712
Depreciation
At 1 May 2015
257,542
Charge for the year
128,771
At 30 April 2016
386,313
Net book value
At 30 April 2016
901,399
At 30 April 2015
1,030,170
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
10 Ordinary of £1 each
10
10